Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 [''Listing Regulation''] -Appointment of Chief Financial Officer.
SAYAJIHOTL · price
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Sayaji Hotels Ltd has appointed Mr. Puneet Karade as Chief Financial Officer effective 29th April 2026. Mr. Karade was previously serving as the Company's Company Secretary and Compliance Officer. He is an Associate Member of the Institute of Company Secretaries of India (ICSI) and holds a Bachelor's degree in Commerce from Nagpur University. He has cleared CA entrance examination and appeared for CA-Inter. He brings over six years of experience in corporate secretarial, compliance functions, and finance fields. The appointment was made on the recommendation of the Nomination & Remuneration Committee and Audit Committee.
This is a routine internal appointment. Mr. Karade's dual role as Company Secretary and CFO may raise questions about workload management and internal controls, but no immediate material impact on shareholders is expected.